Is Aarti Industries Ltd. (AARTIIND) Halal?

Aarti Industries Ltd. (AARTIIND) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 37.34% exceeds limit 33.33%.

What is the dividend purification rate for AARTIIND?

The non-permissible dividend purification factor for Aarti Industries Ltd. is 0.4%.

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AARTIIND

NSEChemicalsCap: ₹15806.46 Cr

Aarti Industries Ltd.

+16.21%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Debt Ratio: 37.34% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹15806.46 Cr

P/E Ratio

26.7x

P/B Ratio

2.7x

52W High

₹551.75

52W Low

₹338.05

Div. Yield

23.00%

Shares O/S

36.27 Cr

Where Does the Money Come From?

Revenue breakdown for Aarti Industries Ltd.

Core Chemicals OperationsPermissible Operating Activity

Permissible: Core operations in Chemicals.

99.6%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

0.4%of Total Revenue

About Aarti Industries Ltd.

Permissible: Core operations in Chemicals.

Interest-Bearing Debt Ratio

37.34%Max: ≤ 33.0%

Cash & Securities Liquidity

4.66%Max: ≤ 33.0%

Impure Revenue Ratio

0.4%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Chemicals

Can't invest in AARTIIND? Consider these instead

MSCI Verified

FLUOROCHEM

Gujarat Fluorochemicals Ltd.

HalalPurification: 0.51%

LINDEINDIA

Linde India Ltd.

HalalPurification: 0.22%

ANURAS

Anupam Rasayan India Ltd.

HalalPurification: 0.55%

Purification & Zakat Calculator

Calculate how much to donate for AARTIIND

⚠️ Note: AARTIIND is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.